I would set the damperner at 15 BTDC on #1 compression (or your known/preferred initial #) then set the dist so the magnet is dead even with the tooth & the #1 plug wire is above or near above the rotor. But first pull the yellow (ign) wire off of the starter relay to disable the starter & pull the #1 plug wire out of the dist cap & hold it 1/4 from a ground & seperate the dist zigzag pickup connector & drag the male terminal on the body half of the connector across the intake surface to make/break ground & see if the coil wire sparks to ground with the key "on" & with a helper holding it to "crank". this takes the dist out of the picture. Holler back EDIT what Squirrel said, confirm you have the right stuff in there